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If you
ever needed an agent, it would be in purchasing a new
construction or "to be built" home.
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On
site builders' agents need not have a real estate
license much less be members of the Austin Board
of Realtors.
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They
are not required to abide by or negotiate within
the provisions of the Texas Real Estate Licensing
Act or the Realtor's Code of Ethics.
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Builders
are not required to use the standard Texas
contracts The builders' contracts are written to
protect and favor the builder.
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The
buyer is frequently unaware of the builder's
inventory, competing builder's inventory, and
concessions the builder will frequently negotiate.
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This
is truly a Buyer Beware Situation!
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If
you are interested in new construction homes Buyer
#1 will:
- Provide you
with a complete inventory of new homes on
the market including those at slab stage.
- Provide
information on Buyer #1's favorite builders.
- Negotiate
firmly on your behalf, to include but not
limited to:
- Contract
Language/Provisions
- Price and
Upgrades
- Concessions
including mortgage discount points and
other cost savings
- Completion
date & inspections
Note:
Reputable builders prefer that the buyer be
represented by his/her own agent.
They
will not lower the sales price if you don't have
an agent!
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